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$492,000

5906 Reiger Ave, Dallas, TX, 75214

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,234 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$263.37 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesNone
FlooringCarpet, Vinyl, Wood

Exterior

Lot Size10,725 sqft

Building Information

Year Built1951
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000166624000000
Lot Number5A
SubdivisionJunius Heights Rev
Land UseResidential
Legal DescriptionJUNIUS HEIGHTS REV BLK 21/1617 LT 5A 75X143 REIGER INT202200280262 DD10212022 CO-DC 1617 021 05A00 1001617 021
Census Tract001301
Assessed Land Value$268,130
Assessed Improvement Value$148,870
Assessment Year2025

About this property

Great opportunity on almost .25 acre in the Historical District. Solid house with good bones, just needs updating. Has detached garage with attached apartment, approx 356sqft, 1 bedroom, 1 bath, living room and kitchen. All the plumbing and electric available but needs complete redo. Can be converted for family member or possibly income producing. Large bedrooms and living room, separate dining area and small kitchen. Wood floors under carpet. Bring your ideas and make this one a showplace! No survey available, buyer will need to purchase. Close to all schools, shopping, churches and highways. To be sold AS IS.

Investor Tools

Property Icon
$492,000
Estimated Property Value
$0Estimated Mortgage Balance
$492,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,952 /month
Positive
Cash Flow Estimate:
$984 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$669/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,569
$417,000
2025
$268,130
$148,870
$417,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,569
$417,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$492,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,210/mo
N/A
+$2,210/mo
5.4%

Learn About the Market: Opportunity in Dallas

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Explore

Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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